XRO
02/10/2015 09:58
AUDITORS
PRICE SENSITIVE
REL: 0958 HRS Xero Limited
AUDITORS: XRO: Change of Auditor
Notification to Xero Shareholders - Change of Auditor
Xero Limited (NZX/ASX: XRO) (Xero) notifies its shareholders that
PricewaterhouseCoopers (PwC) has resigned as external auditor of Xero and its
subsidiaries, effective 2 October 2015. PwC will continue to provide
accounting and advisory services to Xero. The resignation of PwC as external
auditor of Xero and its subsidiaries will enable PwC to recommend Xero's
offerings to private businesses.
Xero's Board of Directors have appointed Ernst & Young as the external
auditor of Xero and its subsidiaries, effective upon PwC's resignation as
external auditor of Xero and its subsidiaries on 2 October 2015.
We appreciate the exceptional service and support from PwC. PwC has been
Xero's external auditor for over eight years, appointed soon after Xero's
listing on the NZX in 2007. During this time Xero has established itself as a
global company providing a small business platform to over half a million
subscribers worldwide. Xero sincerely thanks PwC for their expertise during
these early years.
Rod Drury
Chief Executive
Xero Limited
End CA:00271200 For:XRO Type:AUDITORS Time:2015-10-02 09:58:54
